ITAT Mumbai held that fair valuation loss on principal-protected debentures linked to NIFTY Index is not a contingent liability. The loss was allowed as expenditure under Section ...

1. The technology has matured beyond hype Early AI was impressive in demos but unreliable in practice. Today's agentic AI — when built correctly — can genuinely handle complex workflows with accuracy ...

What Is an Unqualified Audit? An unqualified audit is a complete review that certifies a company's financial statements are compliant with generally accepted accounting principles ...

AI accounting startup Basis has raised $100 million in a Series B round valuing the company at $1.15 billion, as investors pour money into agentic AI systems designed to operate autonomously on ...

CBSE conducted the class 12 Accountancy exam today, and as per initial analysis, the paper was fair, balanced, and academically aligned with the prescribed syllabus., Education, Times Now ...

If you have been following our recent updates on the UK R&D Tax Relief landscape, you will know that the headline news of ‘simplification’ often ...

Learn how GAAP applies to a company's inventory reserves, using cost or market value methods, and its impact on accounting standards and financial planning.

Want to become a bookkeeper? Learn what bookkeepers do, required skills, and how to start your UK bookkeeping career with AAT ...

Accrual basis accounting is typically the preferred method, but cash basis accounting may work for very small businesses. Many, or all, of the products featured on this page are from our advertising ...

The double-entry system protects your small business against costly accounting errors. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...